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the democrats. people wonder why we operate on government by deadline. because harry reid has made the cynical, cynical move of not passing a budget through the united states senate over the past several years. it's deeply cynical because the budget shows what your priorities are. harry reid doesn't want the american people to know what the senate democrats' priorities are, so they just don't pass budgets. now, what usually happens is, you have a budget every year. the senate passes their budget. the house passes their budget. they go to conference. we all saw -- we all saw i'm just a bill, yes, i'm only a bill. i'm living here on capitol hill. harry reid, obviously -- he was doing a chicken fight or something while that was going on. he missed that. the senate has been negligent for the past several years. and that's why we have this government by deadline because democrats in the senate will not pass a budget. >> the problem with government by deadline, two things. one, as we saw yesterday, the republicans were the ones who put themselves in a position where if you didn't move forward, they
reportedly spoke several times by phone throughout the night after talks with harry reid came to a halt. welcome back, everyone, to "morning joe." that's the latest. ed rendell and jeffrey sachs all with us along with sam stein and michael steele in washington. joining us also in washington, senior national correspondent for "bloomberg businessweek," joshua green. and joshua, before we go on to what led to this doomsday scenario that we're facing right now, which was all set up by lawmakers in washington, talk to me about what businesses are looking for and wall street is looking for. there will be reaction. there's always this discussion about the need for certainty. at best, we're going to get some sort of small deal that puts everything off, which makes this whole deadline make no sense. are businesses going to respond well to that? >> if we get a deal, yes. i mean, wall street all along has been looking to avert the fiscal cliff. and frankly, i don't think ceos and businesses care a whole lot about where income tax rates fall. in fact, you saw a number of ceos come out a few weeks a
connell and biden reportedly spoke several times by phone throughout the night after talks with harry reid came to a halt. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness, an interest, or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> before i continue to set the scene, anyone here think biden can make a difference? dan? >> not before the end of the day. i just think that even if the senate -- even if they work out a deal that's acceptable to the senate, then it's going to go to the house. speaker boehner has said they'll either vote on what the senate produces or amend it. that's a lot of work to get done within a day. and i think there are a number of house republicans still holding out, believing that they would rather vote to cut taxes after january 1st than vote for a deal now. >> so there's physically no time. >> i think it's very tough. >> well, but what dan's also saying is that just because the senate reaches a deal, even with the administrat
is in washington with a question for you. >> if mitch mcconnell can cut a deal with harry reid will house republicans meet it. >> thehouse reps were opposed to the deal that their own speaker put forward. it was a deal that he didn't reach with the president. tc it was a deal he thought would appeal to house republicans, can she voted no on that. that gets me back to the original people. whatever deal is reached, speaker bayne has to allow the house to vote on it. a lot of people don't realize he's blocking a vote in the house. he's not allowed the majority in the house to take up and pass a bill. instead he implemented this artificial rule that says he won't allow a vote on a he proposal unless at least half of the republicans are in favor of it. when you do that you hand over the keys to the most extreme part of the republican party. that's why harry reid said what he did. because we're not asking for a guardi guarantee this bill pass. we're asking for a vote that it passed the senate to provide tax relief to the middle class. >> congressman that phrase you use, simply allow a vote, it
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